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Duke Company's records show the following account balances at December 31, 2021 Rales revenue Cost of goods sold Ceneral and administrative expense Selling expense Interest

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Duke Company's records show the following account balances at December 31, 2021 Rales revenue Cost of goods sold Ceneral and administrative expense Selling expense Interest expense $10,000,000 10,500,000 1,150,000 650,000 850,000 Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount 1. $450,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $550,000 was written off as obsolete. Material losses of this type are considered to be unusual. 3. It was discovered that depreciation expense for 2020 was understated by $65,000 due to a mathematical error. 4. The company experienced a negative foreign currency translation adjustment of $350,000 and had an unrealized gain on debt securities of $330,000, Required: Prepare a single, continuous multiple-step statement of comprehensive income for 2021. The company's effective tax rate on all ite affecting comprehensive income is 25%. Each component of other comprehensive income should be displayed net of tax. Ignore E disclosures. (Amounts to be deducted should be indicated with a minus sign.) DUKE COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2021 0 Bross profit Operating expenses

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